Senior professionals and practice owners must keep abreast of new and impending changes to pension arrangements and assess whether changes are needed to existing future plans, experts have warned.

A new and welcomed pensions annual allowance regime came into force during lockdown. This very broadly permits those with income and pension contributions of up to £240,000 to be entitled to a pension annual allowance of £40,000 during the tax year.

However, the annual allowance, introduced on April 6 to take effect from 2020/21 onwards, will continue to be reduced by £1 for every £2 of income exceeding the threshold, as was the case previously.

The maximum reduction in annual allowance is now £36,000, leaving those with an income and pension contributions of £312,000, with a pension annual allowance of only £4,000. So, while the income threshold has increased, taxpayers do need to be acutely aware of their annual incomes and annual pension contributions to assess whether they may in fact have a lower pension allowance than they anticipated.

For those providing rehab services, lockdown has presented many challenges in how to continue treatment in light of ongoing restrictions. Here, Ben Ruby, owner of Ben Ruby Neuro Physio, discusses how he has adapted his way of working to ensure his clients continue to benefit and how telerehab can help people discover new possibilities.

“Provision of therapy services since March 2020 has shifted due to COVID-19 and the restrictions put in place by the government. Working within the private sector and providing specialist neurological physiotherapy input, I often spend prolonged periods of time within my clients’ home.

Providing rehabilitation within people’s homes can generate fantastic results as it’s possible to make treatments specific to the individual’s needs and is more relevant to their day to day lives. This is something that can’t always be replicated within a rehabilitation unit, for example.